The team behind real-world tokenized asset blockchain Mantra says its native token’s sudden 90% plunge was caused by exchanges forcibly closing positions without notice, with one currently unnamed exchange potentially to blame.  On April 13, Mantra (OM) price dropped from $6.30 to below $0.50, rapidly shedding over 90% of its $6 billion market cap. “We

Andrew Kang, founder of the crypto venture firm Mechanism Capital, has seemingly doubled down on his bet that Bitcoin will gain in price with a $200 million long position, onchain data shows.  “Andrew Kang just doubled his Bitcoin position,” crypto analytics firm Arkham said in an April 12 X post. It explained a crypto address

Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump’s “on-again, off-again” sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst. “Despite the carnage in traditional financial markets, the crypto markets have been relatively orderly,” NYDIG global head of research Greg Cipolaro said in an

Ethereum co-founder Vitalik Buterin argues it’s Ethereum’s application layer, not its infrastructure layer, where Ethereum needs “good social philosophy” the most. The app layer is where developers build decentralized applications on top of Ethereum’s base infrastructure and where they make decisions about how these programs operate.  In an April 12 post on the social media

The Trump family-backed crypto project World Liberty Financial (WLFI) has added 4.89 million SEI tokens valued at $775,000 to its portfolio, according to onchain data. Data from blockchain analytics firm Arkham Intelligence shows the purchase was made on April 12 by one of WLFI’s trading wallets using USDC transferred from the project’s main wallet. It’s

Commerce Secretary Howard Lutnick walked back the recent reciprocal tariff exemption on select electronics announced in an April 12 bulletin from the United States Customs and Border Protection. On April 13, Lutnick told ABC News that the reciprocal tariff exemption was temporary until the administration established a sector tariff regime for semiconductor products, which includes

Bitcoin (BTC) made a brilliant comeback this week, rising more than 7%, indicating solid buying at lower levels. BitMEX co-founder Arthur Hayes said in a post on X that the US bond market crisis could be setting the stage for more policy response, and that could result in an “up only mode” for Bitcoin. Blockchain

The price of the Mantra (OM) token, the native cryptocurrency of the Mantra real-world tokenized asset blockchain, has collapsed by over 90% in the last 24 hours. On April 13, Mantra fell from a price of approximately $6.3 to below $0.50 and shed over 90% of its $6 billion market cap. Mantra token market cap